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1) Tumbling Haven, gymnastic equipment manufacturer, has given the information to its accountants. Company had present assets of= $145,332, net fixed assets of= $356,190, and other assets of= $4,176. Firm has long-term debt of= $76,445, common stock of= $200,000, and retained earnings of= $134,461. Determine the amount of current liabilities does this firm have?

a. $94,792

b. $505,678

c. $171,217

d. None of the above

2) Teakap, Inc., has present assets of= $ 1,456,312 and total assets of= $4,812,369 for year ending September 30, 2006. It also has present liabilities of= $1,041,012, common equity of= $1,500,000, and retained earnings of $1,468,347. How much long-term debt does firm have?

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Accounting paper For this assignment, you will decide what type of budget to implement for a start-up company. Write a three to four page paper in which you: 1. Summarize the type of manufacturing company you plan to sta ...

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Accounting Paper Assignment: Start-up Budgeting For this assignment, you will decide what type of budget to implement for a start-up company. Write a three to four page paper in which you: 1. Summarize the type of manufa ...

Assignment This assignment has 2 parts, 1000 + 10% word theory interpretation essay and a response to a practical application of the theory. The assignment must be typed, use Arial font, 12, to avoid plagiarism, make sur ...

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